Diesel, kerosene pump price hikes continue
Oil firms retain gasoline retail prices this week
MANILA: Fuel companies in the Philippines continued the pump price hike on diesel this week — the second consecutive increase for the final quarter of 2024.
KEY TAKEAWAYS
What are the price adjustments this week?
This week, diesel will go up by P1.20 per liter and kerosene by P0.70 per liter.When did the adjustments take effect?
The movements in pricing took effect early today (October 8).As announced in their respective advisories yesterday, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil are set to raise the price of diesel by P1.20 per liter.
In addition, companies that retail kerosene have also jacked up the pricing of the aforementioned product by P0.70 per liter.
Photo from Ruben Manahan IVMeanwhile, gasoline products did not reflect any price change.
The adjustments on the prices at the pump started today (October 10).
Last week, firms opened the last quarter of the year with an increase of P0.45 per liter on gasoline products, P0.90 per liter for diesel, and P0.30 per liter on kerosene.
Also read:
Oil companies to stop Sep. 2024 price-cut streak this week
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